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Cavendish Road, New Malden

London

£600,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
881 sqft

Description

This three-bedroom residence is situated in the tranquil 'Homezone' area of New Malden, presenting a promising opportunity for those looking to invest in a property with significant renovation and extension potential. The layout features two distinct reception areas, a fitted kitchen, ample storage solutions, and a well-maintained private garden. Upstairs, you'll find two spacious double bedrooms equipped with built-in wardrobes, alongside a single bedroom and a family bathroom. The property's strategic location ensures convenient access to transport links, local amenities, and schools, making it appealing for families or investors. With gas-fired central heating, double glazing, off-street parking available and offered without any onward chain, this home is primed for those seeking to modernize and expand its capabilities.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£681/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£598,032
10% above area average per sq ft
Potential ROI
-8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 12.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on KT3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cavendish Road, New Malden
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE